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Iron and steel scrap, also referred to as ferrous scrap, comes from end of life products (old or obsolete scrap) as well as scrap generated from the manufacturing process (new, prime or prompt scrap). Obsolete ferrous scrap is recovered from automobiles, steel structures, household appliances, railroad tracks, ships, farm equipment and other sources.

Nonferrous metals, including aluminum, copper, lead, nickel, tin, zinc, and others, are among the few materials that do not degrade or lose their chemical or physical properties in the recycling process. As a result, nonferrous metals have the capacity to be recycled an infinite number of times.

Scope of the Report:

This report focuses on the Metal Waste and Recycling in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Metals are among the first materials to be captured in the recycling process. They are a great recyclable because of their high value, metal density lends to efficiency in transport, and the properties of metals allow them to recycled again and again. The scrap metal recycling in the United States is to be a USD 26.83 billion industry in 2018, and metal recyclers in the U.S. handle about 120 million tons of recyclables each year. Some of these major recyclables are iron, steel, aluminum, copper, lead, and zinc.

Scrap metal is generated as a by-product of industrial manufacturing, construction and demolition, and the disposal of obsolete metal products. It is a continuous resource made from appliances, buildings, bridges, airplanes, old cars and more. Scrap metal is truly one of our our most precious resources because it will never be depleted, and it can be remelted and reshaped into new products countless times.

The global Metal Recycling market is volume at 612619 K MT in 2017 and is expected to reach 688044 K MT by the end of 2025, growing at a CAGR of 1.46% between 2017 and 2025.

The worldwide market for Metal Waste and Recycling is expected to grow at a CAGR of roughly 2.9% over the next five years, will reach 340600 million USD in 2023, from 287600 million USD in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers

Iron

Copper

Aluminum

Lead

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Iron

Copper

Aluminum

Lead

Market Segment by Applications, can be divided into

Building & Construction

Automotive

Equipment Manufacturing

Shipbuilding

Consumer Appliances

Battery

Packaging

Others

There are 15 Chapters to deeply display the global Metal Waste and Recycling market.